EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable. Access diverse sources of supply.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 222

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 222

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

TrackVia

MAY 25, 2023

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Check out how UC San Diego improved their inventory and asset management processes. An agile supply chain can address erratic demands and help the bottom line.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

ThroughPut

DECEMBER 1, 2023

What is Demand-driven Inventory Replenishment? Demand-driven replenishment is a strategic approach to inventory management that prioritizes aligning inventory levels with actual customer demand rather than relying solely on historical data or forecasts. Why Use Demand-driven Inventory Replenishment?

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! This article explores some of the benefits of big data to inventory management teams.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

EazyStock

DECEMBER 13, 2020

Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

AIMMS

MARCH 30, 2020

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)

Supply Chain Disruption 156

Supply Chain Disruption Supply Chain Design Software Optimal Sourcing Scenario Planning 156

BlueYonder

AUGUST 17, 2023

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

ThroughPut

OCTOBER 16, 2022

A roadmap towards achieving demand-driven inventory replenishment planning. Therefore organizations which have a replenishment planning approach with a demand-driven module, ensures inventory optimization , reduces rework, and eliminates bottlenecks in the supply chain to enhance resilience. Why demand – driven replenishment?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

ThroughPut

NOVEMBER 16, 2021

Integration of multiple distribution channels Customer satisfaction Inventory and storage management End-to-end supply chain visibility. Amongst these challenges, inventory management impacts all others. Multiple distribution channels are also more effectively managed when on-time delivery of inventory is ensured.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

SEPTEMBER 27, 2021

Demand-driven Inventory Replenishment Planning. A Demand-Driven Inventory Plan enlists both strategy and execution for resilience and profitability in the midst of economic upheaval. They also are indicative of internal levels of inventory, orders, and demand across the supply chain. External Replenishment Triggers.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

BlueYonder

SEPTEMBER 7, 2023

In every role inventory availability and protecting the company’s assets was always critical. is a contributing factor, inaccurate inventory management process and systems remain a big driver of the out-of-stock problem globally. in the first quarter – primarily from inventory shrink. While increasing retail theft in the U.S.

Retail 118

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 118

ivalua

NOVEMBER 3, 2021

Having successfully digitized the entire Source-to-Pay process, Ashell is on the path to evolving Procurement from a cost center into a competitive advantage.”. Extend risk and performance mapping with external data sources and alert systems. Increase strategic insight and identify new sources of savings.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiate Pricing Negotiating Skills 130

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Management Software Forecasting Software 52

Logility

JULY 31, 2024

Jump to sales, marketing, and finance demo videos here Traditional Demand Planning Challenges: Current demand planners can get bogged down in the daily grind of gathering, organizing, and analyzing the sales history for an accurate forecast. They are managing complex spreadsheets populated by multiple sources and stored in too many locations.

Supply and Demand 169

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 169

synchrono

JANUARY 8, 2018

A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway.

Vendor Strategies 75

Vendor Strategies Inventory Reduction Inventory Manufacturing Procurement 75

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Book a demo with us today to see firsthand how Simfoni’s best in class solution can supercharge your procurement function!

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

crisp

JUNE 6, 2024

This is where Crisp’s semantic layer comes in – a powerful tool that acts as a translator, taking disparate data sources and building a unified, business-friendly language around them. Like building blocks, it starts with a solid base of pre-defined metrics and logic for core CPG data sources like POS and inventory.

Waste Reduction 52

Waste Reduction Inventory Reduction Modeling Software Resource Reduction 52

Unleashed

JUNE 28, 2024

For example, we determined that the best ERP for manufacturing should offer functionality around real-time data analytics, inventory management, process automation, supply chain planning, and production scheduling. Real-time data access: Delays in accessing up-to-date information can hinder decision-making.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 52

crisp

JUNE 29, 2022

But manually pulling hundreds of reports to monitor sales and inventory data from three different retail portals was not going to support NotCo’s fast pace. We have one source of truth, and that stems from Crisp.”. We have one source of truth, and that stems from Crisp.” Launching the next big thing.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

crisp

OCTOBER 21, 2024

Retail data is a necessary foundation for CPG operations and decision-making, providing suppliers with crucial visibility into real-time retail and inventory movements across thousands of touchpoints. Imagine not just asking questions like, “What was the impact of our latest promotion on inventory across distribution centers?”

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Poor spare parts management and planning can significantly impact the bottom line, leading to inventory failures.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Arena Solutions

JUNE 18, 2024

Manufacturers can now quickly glean valuable insights from the production floor, enterprise systems, end users, and other sources. Inventory management – By analyzing historical data and buying trends, companies can predict future demand and accurately forecast inventory levels. Not an Arena customer?

Analytics Software 69

Analytics Software Optimal Sourcing Optimization Software Inventory Management Software 69

Alloy

FEBRUARY 23, 2022

By incorporating real-time consumer demand signals and up-to-date inventory status, you can make better-informed decisions faster. The data platform connects your sell-through data from retail and ecommerce with your internal inventory and supply chain data from your ERP — then continuously pulls and harmonizes the data in real-time.

Alloy 98

Alloy Supply Chain Planning Software Supply Chain Planning Scenario Planning 98

ThroughPut

OCTOBER 18, 2024

ThroughPut AI: Best for supply chain analytics and decision intelligence WATCH ON-DEMAND THROUGHPUT AI DEMO With Artificial Intelligence (AI) and Machine Learning (ML), a very powerful force comes into play in your supply chain decision-making processes with ThroughPut AI.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

ivalua

NOVEMBER 26, 2020

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption. Stalwarts of Business Planning Showing Cracks.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Precoro

JUNE 17, 2024

Diversify the sources of financing. Ensuring access to multiple finance sources can help avoid liquidity issues. Sourcing efforts, especially those in cheaper but less stable countries, must consider the potential for geopolitical disruptions. Mitigation strategies Adjust inventory levels. Involve trade and legal experts.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 89

Exiger Perspectives

JULY 5, 2024

Supply chain mapping is the process of understanding supplier and multiple sub-tier relationships in a supply network, as well as item-level sources. To start, an initial inventory of the company’s suppliers should be taken. Raw Material Sourcing Raw material and item-level sourcing can also make mapping difficult.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Inventory Management Software 52

ThroughPut

MAY 9, 2024

The primary objective of demand planning software is to ensure that businesses can meet customer demands efficiently without overstocking or understocking inventory. These forecasts enable companies to optimize inventory levels, align production schedules, manage resources effectively, and improve overall supply chain performance.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 52

Saleswarp

DECEMBER 27, 2023

Two essential components, unit types and lot codes, have revolutionized the way warehouses handle inventory tracking. Unit types represent standardized containers for packaging inventory, while lot codes provide crucial information about a product’s origin, processing, and manufacturing batch.

Warehousing 40

Warehousing Manufacturing Procurement Inventory Management Software Sourcing Strategies 40

ThroughPut

FEBRUARY 15, 2023

Optimize Inventory with the Right Inventory Management Solution Tip – Make sure you always have periodic stock control to avoid stockouts and overstocking. Inventory forms a major part of your supply chain efficiency metric as it points directly to your ability of keeping sufficient stocks at a given point in time.

Sourcing Strategies 94

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Inventory Reduction 94